Source: Action Fraud, 15th May 2013 Three fraudsters who scammed over 100 eBay customers out of money have been ordered to pay back almost £72,000. The three men admitted the large scale fraud in Derby Crown Court in December last year and were jailed for three-and-a-half years. The gang set up a fake company and used…
A special one off edition of #TheFraudTube Echo following The 2nd Annual Fraud & Error Conference in London. On 21st May 2013 we attended the 2nd Annual Fraud and Error Conference in London by kind invitation of ValidSoft. Along with Tony Neate, Dan Mount, and Douwe Korff, Darren Hodder from Fraud Consuting joined ValidSoft for a…
Source: Trustev & ITLG, 15th May 2013 (The following press release can also be downloaded as a PDF.) Trustev Takes Top Prize Cork Technology Startup Trustev wins first place prize at prestigious technology awards in San Francisco. Trustev, the Irish startup on a mission to end online fraud, was today announced as overall winner at…
Facebook now offers “Home.” Facebook says “With Home, everything on your phone gets friendlier. From the moment you turn it on, you see a steady stream of friends’ posts and photos. Upfront notifications and quick access to your essentials mean you’ll never miss a moment. And you can keep chatting with friends, even when you’re…
Source: Matthew Parsons @ TTG Digital, 17th April 2013 (Note: The following item has been re-produced with kind permission of TTG, the original article can be found on their website here) Online facial recognition tools such as Facebanx are the latest weapon in the fight against fraud. By Matthew Parsons Card fraud is big business.…
Source: #TheFraudTube & Facebanx, 23rd April 2013 A new cloud based facial recognition technology, Facebanx, has been developed that will enable insurance companies to dramatically reduce both policy & claims fraud, and provide a key weapon in their battle to regain market share from insurance aggregators. FaceBanx, a division of OhHi, a successful video chat…
So here is an interesting story about Wonga. There is a web site called This Is Money that seems to be part of The Daily Mail (yuck! – Ed) so obviously anyone that lends money is a criminal. There are some interesting points but it doesn’t show how easily fraudsters can get access to peoples’ personal information so that…
Source: #TheFraudTube, 13th March 2013, New York Times, 12th March 2013 Yesterday James R. Clapper Jr., the US Director of National Intelligence, told a Senate panel that the threat of cyberattacks was now more pressing than the risk of an attack by global terrorist networks. According to an article in the New York Times, it…
